Table 4. Regression results of probit...

Table 4.

Regression results of probit model

Explanatory variables	Model 1	Model 2	Model 3	Model 4
Gender	0.1745 (1.5576)	0.1600 (1.4305)	0.1123 (0.9904)	0.1414 (1.2146)
Age	0.0138 (1.4216)	0.0097 (0.9324)	0.0139 (1.3315)	0.0086 (0.7632)
Years of education	0.0319** (2.0606)	0.0326** (2.0989)	0.0323** (2.0204)	0.0326** (2.0788)
Year of farming	−0.0235** (2.4706)	−0.0179* (1.8230)	−0.0196* (1.9598)	−0.0209** (2.2391)
Family size	0.0570 (1.4783)	0.0424 (1.1251)	0.0250 (0.6348)	0.0365 (0.9156)
Degree of arable land fragmentation	0.0238** (2.2367)	0.0222** (2.1049)	0.0191* (1.8238)	0.0186* (1.7046)
Land management scale	−0.0040 (0.9524)	−0.0035 (0.8535)	−0.0016 (0.4043)	−0.0010 (0.2522)
Distance from home to market	0.0177* (1.6606)	0.0199* (1.9119)	0.0193* (1.7052)	0.0199* (1.7760)
Water price	0.1167** (2.3946)	0.1082** (2.2819)	0.1005** (1.9892)	0.0922* (1.7969)
Drought shock		−0.1260*** (2.9130)	−0.1483*** (3.3516)	−0.1352*** (2.9659)
Family labor security			0.1730** (2.3977)	0.1614** (2.1866)
Kinship support			0.1244** (2.5738)	0.1280*** (2.6268)
Neighborhood assistance			0.1822** (2.5286)	0.1441** (1.9630)
purchase insurance			0.2570** (2.2561)	0.2648** (2.3132)
Bank loan			0.2382** (2.0561)	0.3148*** (2.6708)
Household labor security × drought damage				0.0672* (1.7849)
Relatives support × drought damage				0.1144** (2.1413)
Neighborhood assistance × drought damage				−0.0203 (0.3297)
Purchase insurance × drought damage				−0.1136** (2.0206)
Bank loan × drought damage				−0.0251 (0.4056)
Log-likelihood value	−417.0835	−416.6235	−392.7661	−381.2915
Wald’s χ² test	36.16	37.21	80.94	103.31
p-value (prob > χ²)	0.0001	0.0000	0.0000	0.0000
Pseudo R²	0.0509	0.0905	0.1052	0.1314

Explanatory variables	Model 1	Model 2	Model 3	Model 4
Gender	0.1745 (1.5576)	0.1600 (1.4305)	0.1123 (0.9904)	0.1414 (1.2146)
Age	0.0138 (1.4216)	0.0097 (0.9324)	0.0139 (1.3315)	0.0086 (0.7632)
Years of education	0.0319** (2.0606)	0.0326** (2.0989)	0.0323** (2.0204)	0.0326** (2.0788)
Year of farming	−0.0235** (2.4706)	−0.0179* (1.8230)	−0.0196* (1.9598)	−0.0209** (2.2391)
Family size	0.0570 (1.4783)	0.0424 (1.1251)	0.0250 (0.6348)	0.0365 (0.9156)
Degree of arable land fragmentation	0.0238** (2.2367)	0.0222** (2.1049)	0.0191* (1.8238)	0.0186* (1.7046)
Land management scale	−0.0040 (0.9524)	−0.0035 (0.8535)	−0.0016 (0.4043)	−0.0010 (0.2522)
Distance from home to market	0.0177* (1.6606)	0.0199* (1.9119)	0.0193* (1.7052)	0.0199* (1.7760)
Water price	0.1167** (2.3946)	0.1082** (2.2819)	0.1005** (1.9892)	0.0922* (1.7969)
Drought shock		−0.1260*** (2.9130)	−0.1483*** (3.3516)	−0.1352*** (2.9659)
Family labor security			0.1730** (2.3977)	0.1614** (2.1866)
Kinship support			0.1244** (2.5738)	0.1280*** (2.6268)
Neighborhood assistance			0.1822** (2.5286)	0.1441** (1.9630)
purchase insurance			0.2570** (2.2561)	0.2648** (2.3132)
Bank loan			0.2382** (2.0561)	0.3148*** (2.6708)
Household labor security × drought damage				0.0672* (1.7849)
Relatives support × drought damage				0.1144** (2.1413)
Neighborhood assistance × drought damage				−0.0203 (0.3297)
Purchase insurance × drought damage				−0.1136** (2.0206)
Bank loan × drought damage				−0.0251 (0.4056)
Log-likelihood value	−417.0835	−416.6235	−392.7661	−381.2915
Wald’s χ² test	36.16	37.21	80.94	103.31
p-value (prob > χ²)	0.0001	0.0000	0.0000	0.0000
Pseudo R²	0.0509	0.0905	0.1052	0.1314

Notes:

*, ** and *** indicate the significance level of 10, 5 and 1%, respectively, and the value in parentheses is the z-value

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